For the development of the project, the company has entered into a deed partnership
in the name & style of M/s Kamanwala Lakshachandi Todays Developers in which
company has 50% share, with M/s Lakshachandi Developers Pvt. Ltd. 25% share and
M/s Todays Infrastructure and Construction Ltd. 25% share.

The Project has a land cost of Rs.35.00 crores for 67,000 sq.ft. area. the project
is now almost on completion stage.

Joint Venture Project @ Hyderabad (A.P.)

The project is situated at Hyderabad (Andhra Pradesh), having a land admeasuring
35 acres.

The project is to be developed in joint venture with M/s Prajay Engineers Syndicate
Ltd. and M/s. Namita Builders & Developers Pvt. Ltd.

The Company has acquired 20% share in the land of the project for a contribution
of Rs. 8.87 crores.

The project being large in size, the required funds will substantial and will be
mobilized by appropriate means in due course of time. The project will take further
two years for planning & development.